The U.S. has 550 cities where $1 million homes are ‘typical’

[ad_1] Jon Lovette | Stone | Getty Images There is a record number of areas in the U.S. where the “typical” home is worth $1 million or more. In February, the country had 550 “million-dollar” cities, or areas where the “typical” home value is $1 million or more, according to a new analysis by Zillow. … Read more

Income Required To Afford A Typical Home By City In 2024

[ad_1] Zillow recently released an intriguing study that outlines the income needed to afford a “typical home” in different cities. The study considers a 10% down payment and utilizes the Zillow Home Value Index to determine the median home price in each city. A 10% down payment is 10% lower than I’d recommend, but it’s … Read more